Zuora (NYSE:ZUO) Issues Q2 Earnings Guidance

Zuora (NYSE:ZUO) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.09-0.10 for the period, compared to the consensus EPS estimate of $0.09. The company issued revenue guidance of $111.5-113.5 million, compared to the consensus revenue estimate of $112.34 million. Zuora also updated its FY 2025 guidance to 0.410-0.430 EPS.

Analyst Upgrades and Downgrades

ZUO has been the topic of a number of research analyst reports. Lake Street Capital boosted their target price on Zuora from $12.00 to $13.00 and gave the company a buy rating in a research report on Thursday. Robert W. Baird cut their price objective on Zuora from $10.00 to $8.00 and set a neutral rating on the stock in a research report on Thursday, February 29th. Canaccord Genuity Group restated a buy rating and set a $13.00 price target on shares of Zuora in a report on Thursday. Needham & Company LLC restated a buy rating and set a $15.00 target price on shares of Zuora in a research note on Thursday. Finally, Jefferies Financial Group lifted their price target on shares of Zuora from $9.00 to $10.00 and gave the stock a hold rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $11.83.

Zuora Stock Performance

Shares of Zuora stock opened at $9.97 on Friday. The firm has a market capitalization of $1.46 billion, a P/E ratio of -23.19 and a beta of 1.84. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 2.69. Zuora has a 52 week low of $7.05 and a 52 week high of $12.12. The firm’s 50 day moving average is $9.47 and its two-hundred day moving average is $8.94.

Zuora (NYSE:ZUO) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.10. The company had revenue of $110.67 million during the quarter, compared to the consensus estimate of $110.80 million. Zuora had a negative net margin of 14.28% and a negative return on equity of 31.10%. Research analysts forecast that Zuora will post -0.14 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Andrew M. Cohen sold 11,864 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $8.61, for a total transaction of $102,149.04. Following the transaction, the insider now owns 137,898 shares of the company’s stock, valued at $1,187,301.78. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Andrew M. Cohen sold 11,864 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $8.61, for a total value of $102,149.04. Following the completion of the sale, the insider now owns 137,898 shares in the company, valued at $1,187,301.78. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Andrew M. Cohen sold 3,794 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $8.29, for a total value of $31,452.26. Following the transaction, the insider now directly owns 134,104 shares of the company’s stock, valued at $1,111,722.16. The disclosure for this sale can be found here. Insiders sold a total of 481,854 shares of company stock worth $4,393,048 in the last 90 days. Company insiders own 8.62% of the company’s stock.

About Zuora

Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.